Perhaps you have a concept for a new product simmering in the back of your brain. You’ve done a few Google searches, but haven’t found anything similar. This makes you confident that you have came across the ideas for inventions. Every single day inventors tell me they “haven’t found anything like it.” And while that’s an excellent start, chances are that they haven’t been looking in the right places.
Before investing additional money and resources, it’s the correct time to find out definitively when the invention is exclusive, determine if you have a industry for it, and explore how to make it better.
Inventors should do a search online using a goal of finding several competitive products. If they’re scared to do the search, that’s a very important thing, because inside my experience, it usually means they’re on the right track.
You will find, the objective ought to be to find other products in the market which are already attempting to solve the identical problem as their invention. That demonstrates that a solution is really needed. And if there is a necessity by a large enough population group, they stand a significantly better chance of turning the invention into a profitable venture.
So inventors should check out a patent agent or patent attorney with samples of several other similar products, and after signing a retainer agreement (which establishes the agent/client relationship) the how do i patent an idea to the details of the merchandise including drawings, mockups, and prototypes. Anyone who wants to secure exclusive rights to market, produce, and make use of an invention which he made for a specific number of years must first secure a patent. A patent is an extremely specific type of document which contains the complete details of the stipulations set from the government in order that the inventor can take full possession of the invention. The contents of the document also provide the holder of the patent the legal right to be compensated should others or organizations infringe on the patent in any way. In cases like this, the patent holder has the right to pursue legal action from the offender. The terms of possession are also known collectively because the inventor’s “intellectual property rights.”
At this stage, the agent or attorney can do a more thorough search from the U.S. Patent Office and other applicable databases in america and/or internationally. They may be determining if this invention is indeed unique, or if you can even find more, similar patented products.
Some inventors think about doing the search of the Patent Office independently, but there are several downsides to this plan. Their emotional attachment to the invention will cloud their judgment, and they can steer away from finding other new ideas for inventions that are similar. Although odds are they may have already identified a few other competitors, searching the U.S. Patent Office is a more intense process. From my knowledge of clients who may have done their very own search, they have got ignored similar products szwhnp have been patented simply because they can’t face the reality that the idea isn’t as unique as they once thought it was.
However, finding additional similar products does not necessarily mean that all is lost. The strategy changes to comparing the proposed invention with all the patented one, and discussing methods to improve it and make it patentable. A good patent agent or attorney can provide objective insight at this particular phase. The process is to accept the invention, disregard the parts that have already been included in another patent or patents, and also the remainder is actually a patentable invention. I specialize in utilizing inventors to submit patent applications for brand new products or technology (including software), innovations inside the insurance industry, and business processes.